What is Munjal Auto Industries Ltd (MUNJALAU) share price return in the past 10 years?

Munjal Auto Industries Ltd share price has appreciated 9.5% annually (CAGR) over the past ten years.

What is the share price of Munjal Auto Industries Ltd (MUNJALAU)?

Company share prices are keep on changing according to the market conditions. The current trading price of Munjal Auto Industries Ltd (MUNJALAU) on 10-Jun-2026 16:59:59 at 16:59 is 98.57.

What is the P/E ratio of Munjal Auto Industries?

The latest standalone P/E ratio of Munjal Auto Industries as of 10-Jun-2026 is 35.36.

What is the P/B ratio of Munjal Auto Industries Ltd (MUNJALAU)?

The latest standalone P/B ratio of Munjal Auto Industries Ltd (MUNJALAU) as of 10-Jun-2026 is 2.23.

What is the 52-week high and low of Munjal Auto Industries Ltd (MUNJALAU)?

The 52-week high of Munjal Auto Industries Ltd (MUNJALAU) is Rs. 114.60 and the 52-week low is Rs. 67.22.

Munjal Auto Industries Ltd (MUNJALAU) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Munjal Auto Industries Ltd (MUNJALAU)
Brand: Munjal Auto Industries

Key Metrics

Valuation Multiples

Market Cap

₹974 Cr.

Current Price

₹98.6

52-Week Low / High

₹67 / 115

TTM EPS

₹2.8

TTM Sales

₹1,439 Cr.

Book Value per Share

₹43.7

P/E Ratio

35.36

Higher than its 5-year historical median

Industry PE

Price to Book (P/B)

2.23

Higher than its 5-year historical median

Price to Sales (P/S)

0.68

Higher than its 5-year historical median

EV/EBITDA

17.51

Higher than its 5-year historical median

Dividend Yield

1.49%

Profitability Efficiency

Return on Equity (ROE)

7.41%

Underperforms industry median

Return on Capital Employed (ROCE)

9.61%

Underperforms industry median

Return on Assets (ROA)

4.48%

Operating Profit Margin

3.5%

Net Profit Margin

2.42%

Gross Profit Margin

4.7%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

-3.92%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

-7.86%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

-22.19%

Asset Quality

Promoter Holding

74.81%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹417 Cr.

Equity

₹20 Cr.

Face Value

₹2

All Time Low / High

₹0.38 / 145.50

Munjal Auto Industries stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Munjal Auto Industries Ltd a good quality company?

Munjal Auto Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Munjal Auto Industries Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Munjal Auto Industries Ltd vs industry peers?

Munjal Auto Industries Ltd revenue CAGR is 2.20%, compared to the industry median CAGR of 11.89%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Munjal Auto Industries Ltd?

Promoters hold 74.81% of the Munjal Auto Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Munjal Auto Industries Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 8.7% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	11.4%	17%	19.3%	14.4%	4.3%	10.8%	9.1%	24%	15.4%	9.6%	-
Value Creation Index ⓘ	-0.2	0.2	0.4	0.0	-0.7	-0.2	-0.4	0.7	0.1	-0.3	-
Growth Parameters ⓘ
Sales ⓘ	885	850	1,033	1,147	1,140	1,982	1,707	1,581	1,322	1,271	1,439
Sales YoY Gr.	-	-4%	21.5%	11%	-0.6%	73.9%	-13.9%	-7.3%	-16.4%	-3.9%	-
Adj EPS ⓘ	1.9	3.3	4	3.3	0.4	2.1	1.9	2.8	3.6	2.8	2.8
YoY Gr.	-	72.8%	20.3%	-15.9%	-86.8%	370.5%	-9.2%	51.1%	25.4%	-20.8%	-
BVPS (₹) ⓘ	21.9	25.3	28.3	30.1	29.4	31.5	33.6	39.3	41	41.9	43.7
Adj Net Profit ⓘ	19.1	33	39.7	33.4	4.4	20.7	18.8	28.4	35.6	28.2	28
Cash Flow from Ops. ⓘ	43.6	64	67.6	35.1	34.6	34.9	100	-20.2	91.9	-18.6	-
Debt/CF from Ops. ⓘ	1.6	0.7	0.4	1	2.6	2	0.5	-1.5	0.2	-2.5	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.1%	2.2%	-9.4%	-3.9%
Adj EPS ⓘ	4.4%	45%	14.5%	-20.8%
BVPSⓘ	7.5%	7.4%	7.6%	2.1%
Share Price	9.5%	7.7%	22.8%	23.6%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	9	14	14.8	11.5	1.5	6.8	5.8	7.8	8.9	6.8	6.4
Op. Profit Mgn % ⓘ	5.2	7.2	7	5.5	2.5	2.8	2.7	3.6	3.6	3.5	1.6
Net Profit Mgn % ⓘ	2.2	3.9	3.9	2.9	0.4	1	1.1	1.8	2.7	2.2	1.9
Debt to Equity ⓘ	0.3	0.2	0.1	0.1	0.3	0.2	0.1	0.1	0	0.1	0.1
Working Cap Days ⓘ	74	75	68	73	93	69	85	90	91	74	56
Cash Conv. Cycle ⓘ	19	16	14	18	17	19	36	39	36	32	23

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	885	850	1,033	1,147	1,140	1,982	1,707	1,581	1,322	1,271
Operating Expenses ⓘ +	839	789	961	1,086	1,111	1,928	1,660	1,525	1,274	1,226
Manufacturing Costs	87	78	84	95	92	77	75	88	90	112
Material Costs	677	637	794	895	918	1,771	1,509	1,347	1,081	999
Employee Cost	52	55	62	68	80	61	58	69	78	85
Other Costs ⓘ	23	19	21	28	22	19	18	21	26	30
Operating Profit ⓘ	46	61	73	61	28	54	47	56	48	44
Operating Profit Margin (%)	5.2%	7.2%	7.0%	5.4%	2.5%	2.7%	2.7%	3.6%	3.6%	3.5%
Other Income ⓘ +	3	6	4	4	9	10	9	14	37	20
Exceptional Items ⓘ	0	0	0	0	0	0	0	47	0	0
Interest ⓘ	8	6	4	4	8	9	5	4	3	4
Depreciation ⓘ	17	17	18	19	22	22	21	20	20	21
Profit Before Tax ⓘ	25	44	54	43	7	33	30	92	62	39
Tax ⓘ	5	10	13	10	2	12	9	27	23	8
Profit After Tax	20	35	42	33	5	21	21	66	39	31
PAT Margin (%)	2.3%	4.1%	4.0%	2.9%	0.4%	1.1%	1.2%	4.2%	3.0%	2.4%
Adjusted EPS (₹)	2.0	3.5	4.2	3.3	0.5	2.1	2.1	6.6	4.0	3.1
Dividend Payout Ratio (%)	34.90%	28.90%	28.90%	30.10%	0%	0%	48.10%	30.40%	50.70%	32.60%

Valuation of Munjal Auto Inds - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	219	253	283	301	294	315	336	393	410	419
Share Capital ⓘ	10	10	20	20	20	20	20	20	20	20
Reserves ⓘ	209	243	263	281	274	295	316	373	390	399
Debt +	53	29	16	23	78	54	31	15	7	37
Long Term Debt	46	29	16	13	68	54	31	15	7	28
Short Term Debt	7	1	0	10	10	0	0	0	0	9
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	93	103	136	135	260	237	182	232	126	127
Others Liabilities ⓘ	49	28	35	47	51	130	221	139	152	92
Total Liabilities ⓘ	414	414	469	507	683	736	770	778	695	675
Fixed Assets
Net Fixed Assets ⓘ +	176	181	175	191	256	225	200	190	188	210
Gross Block	282	198	210	245	328	316	311	315	327	364
Accumulated Depreciation	106	17	35	53	72	91	111	125	139	154
CWIP ⓘ	14	2	1	19	2	1	1	8	9	18
Investments ⓘ	22	48	63	37	75	83	148	135	201	159
Inventories	27	24	27	60	64	56	41	44	46	56
Trade Receivables	128	133	158	146	254	339	329	348	196	187
Cash Equivalents	3	2	16	15	17	16	3	9	6	7
Others Assets ⓘ	44	24	29	39	15	16	48	46	50	37
Total Assets ⓘ	414	414	469	507	683	736	770	778	695	675

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	44	64	68	35	35	35	100	-20	92	-19
PBT ⓘ	25	44	54	43	7	33	30	92	62	39
Adjustment ⓘ	22	18	19	22	29	32	17	-33	-13	6
Changes in Working Capital ⓘ	2	10	6	-21	3	-25	59	-64	53	-56
Tax Paid ⓘ	-5	-9	-12	-9	-4	-5	-6	-15	-9	-7
Cash Flow From Investing Activity ⓘ +	-2	-34	-22	-23	-67	-6	-84	59	-52	14
Capex	-9	-14	-11	-49	-56	-0	-1	35	-17	-51
Net Investments	6	-22	-12	56	-11	-7	-88	18	-37	52
Others ⓘ	1	2	1	-30	0	1	6	6	2	13
Cash Flow From Financing Activity ⓘ +	-42	-31	-32	-14	35	-29	-29	-33	-42	5
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-16	-19	-15	-5	57	-12	-23	-16	-16	23
Interest Paid ⓘ	-8	-6	-4	-4	-8	-6	-6	-4	-2	-3
Dividend Paid ⓘ	-20	0	-10	-12	-10	0	0	-10	-20	-20
Others ⓘ	2	-7	-3	8	-4	-12	-0	-3	-4	5
Net Cash Flow ⓘ	-0	-1	14	-1	2	-0	-13	6	-3	1

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	9.44	14.66	15.53	11.39	1.66	6.9	6.39	18.04	9.83	7.41
ROCE (%)	11.36	16.96	19.31	14.44	4.26	10.79	9.09	23.95	15.44	9.61
Asset Turnover Ratio	2.33	2.25	2.39	2.35	1.92	2.79	2.27	2.04	1.8	1.85
PAT to CFO Conversion(x)	2.2	1.83	1.62	1.06	7	1.67	4.76	-0.3	2.36	-0.61
Working Capital Days
Receivable Days	44.70	51.20	50.30	48.40	64.10	54.70	71.50	78.20	75	55
Inventory Days	12.90	10.10	8.90	13.90	19.90	11.10	10.40	9.80	12.40	14.70
Payable Days	48.10	56.10	54.80	55.20	78.70	51.20	50.60	56	60.50	46.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Munjal Auto Industries Ltd FAQs

The current trading price of Munjal Auto Inds on 10-Jun-2026 16:59 is ₹98.57.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Munjal Auto Inds stood at ₹974.0 Cr

The latest P/E ratio of Munjal Auto Inds as of 09-Jun-2026 is 35.36.

The latest P/B ratio of Munjal Auto Inds as of 09-Jun-2026 is 2.23.

The 52-week high of Munjal Auto Inds is ₹114.6 and the 52-week low is ₹67.22.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Munjal Auto Inds is ₹1,439 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Munjal Auto Industries Ltd is a average quality company.

The key valuation ratios of Munjal Auto Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Munjal Auto Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Munjal Auto Industries Ltd

Munjal Auto Industries began its journey in 1987. The company is a public limited entity domiciled and incorporated in India, with its registered office located in Waghodia, Vadodara district. Its shares are listed on India’s two major stock exchanges - the National Stock Exchange of India (NSE) and the BSE. The company was associated with the renowned Hero Group of companies, which included flagship companies such as Hero Honda Motors, then the world’s largest motorcycle manufacturer, and Hero Cycles, the world’s largest bicycle manufacturer.

Munjal Auto Industries is a leader in engineering, delivering cutting-edge solutions across industries. Driven by innovation, it designs and manufactures lightweight, durable, and sustainable components using advanced sheet metal, composite materials, and precision molding techniques for automotive, aerospace, renewable energy, defense, and railways.

With state-of-the-art manufacturing facilities across India and a focus on quality, innovation, and sustainability, it is enabling the next generation of engineering solutions for global markets. Its facilities integrate energy-efficient systems, waste reduction initiatives, and eco-friendly practices to drive sustainable innovation in engineering.

The company established the Munjal Auto Electronics Division (MAED) in 2021, leveraging decades of Munjal Auto Industries' precision engineering expertise to deliver advanced embedded solutions for automotive, railways, defence, consumer electronics, and industrial automation. It bridges the gap between hardware and software, creating robust, scalable, and energy-efficient systems.

Business area of the company

The company is engaged in the manufacturing and sale of auto components. It is one of India’s leading companies producing exhaust systems, complete wheel rims, and other automotive assemblies.

Products of the company

Steel wheel rim
Chase parts & assembly
Exhaust system
BIW assembly
Lightweight composite parts

Achievements, certification & recognition

2012: Certification of ISO/TS 16949-2009
2009: Certification of ISO/TS 14001-2004
2016: BS OHSAS 18001:2007
2018: ISO/TS 16949:2009
2020: ISO/TS 14001:2004

History and milestones

1987: Started with Gujrat Cycle in Vadodara, focusing on Export.
1987: Began manufactuirng exhaust systems and spoke rims for Hero Honda Motors Achieved QS 9000 certification.
2006: Entered steel rim production Obtained EMS certification.
2010: Established a techinical collaboration with Samsung Industries.
2010: Began producing fuel tanks for 4-wheelers.
2010: Set up a central tool room.
2010: Established Bawal Plant.
2012: Started supplying Piaggio with exhaust systems for both domestic and export markets. Established Haridwar Plant.
2014: Partnered with Lafranconi for E-T-E exhaust system design.
2014: Began producing BIW parts for GM India.
2014: Established Dharuhera Plant.
2018: Entered a new phase of accelerated growth and Acquired Indutch Composites to diversify into composites for the wind energy sector.
2021: Established in 2021, Munjal Auto Electronics Division (MAED) builds on over four decades of Munjal Auto’s precision engineering legacy.
2025: Focused on lightweighting, R&D, and 3P engineering. Striving to become the supplier of choice through quality and advanced technology.

Munjal Auto Industries Ltd (MUNJALAU)

Munjal Auto Industries Ltd (MUNJALAU)

Munjal Auto Industries stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Munjal Auto Inds - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Munjal Auto Industries Ltd FAQs

About Munjal Auto Industries Ltd

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Munjal Auto Industries Ltd (MUNJALAU)

Munjal Auto Industries Ltd (MUNJALAU)

Munjal Auto Industries stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Munjal Auto Inds - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Munjal Auto Industries Ltd FAQs

What is the share price of Munjal Auto Inds?

What is the market cap of Munjal Auto Inds?

What is the P/E ratio of Munjal Auto Inds?

What is the P/B ratio of Munjal Auto Inds?

What is the 52-week high and low of Munjal Auto Inds?

What is the TTM revenue of Munjal Auto Inds?

Is Munjal Auto Industries Ltd a good quality company?

Is Munjal Auto Industries Ltd undervalued or overvalued?

Is Munjal Auto Industries Ltd a good buy now?

About Munjal Auto Industries Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.